Company profile
Tiwec S.A.
RUC 1792617634001 · Quito, Pichincha
Registry data
- RUC
- 1792617634001
- Legal name
- TIWEC S.A.
- Trade name
- TIW ECUADOR
- Company type
- Stock corporation (S.A.)
- Size segment (SCVS)
- Microenterprise · 2025
- Incorporation date
- September 24, 2015
- Start of activities (SRI)
- September 24, 2015
- Subscribed capital
- $200,000
- Economic activity
- Oil and gas extraction service activities provided on a fee or contract basis: test drilling; exploration (for example, traditional prospecting methods such as geological observations at prospective sites); directional drilling and redrilling; spudding in; erection, repair and dismantling of derricks; cementing of oil and gas well casings; pumping, plugging and abandoning of wells, etc.; liquefaction and regasification of natural gas for transport, carried out at the extraction site; draining and pumping
- ISIC code
- B0910.01
- Last year with filed statements
- 2025
- Address
- Av 6 de Diciembre N34-360, Av Portugal, Benalcázar
- Location
- Quito, Pichincha
- Region
- Sierra
- Phone
- 024526011
Financial statements
- Current ratio
- 253.89
- Debt ratio
- 0.4%
- Return on equity (ROE)
- 59.3%
The income statement · 2025
- Revenue $16,689
- Other income $65,050
- Expenses $18,534
- Net result $46,619
Balance sheet structure · 2025
What it owns
- Current assets $78,921 100%
- Non-current assets $0 0%
How it is financed
- Current liabilities $311 0%
- Non-current liabilities $0 0%
- Equity $78,610 100%
“Current” means within one year: what can be turned into cash, or what has to be paid, in that span.
| Year | Revenue | Net result | Assets | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | $16,689 | $46,619 | $78,921 | $78,610 | 1 |
| 2024 | $0 | −$5,821 | $2,318,843 | $31,991 | 1 |
| 2023 | $0 | −$99,554 | $2,548,333 | $37,811 | 1 |
| 2022 | $718,293 | −$14,178 | $2,819,420 | $137,365 | 1 |
| 2021 | $1,831,647 | $18,929 | $3,458,196 | $151,543 | 2 |
| 2020 | $1,167,435 | $2,907 | $3,289,184 | $132,615 | 2 |
| 2019 | $789,064 | $5,135 | $1,005,082 | $129,708 | 2 |
| 2018 | $0 | −$29,009 | $167,178 | $124,573 | 6 |
| 2017 | $5 | −$25,291 | $195,287 | $153,582 | 2 |
| 2016 | $0 | −$19,790 | $2,212 | −$21,127 | 2 |
| 2015 | $0 | −$1,337 | $0 | $0 | 2 |
In 2025 it recorded revenue of $16,689 and a net result of $46,619.
Its 2025 revenue exceeds that of 25.2% of the 95,463 companies in the country that recorded sales that year. In Pichincha, it exceeds 23.5% of the 32,639 on record.
Within its activity (ISIC code B0910.01, 162 companies with sales), its revenue exceeds that of 19.8%; the trade’s typical margin was 1.6%.
Values in US dollars, as filed with the Superintendencia de Compañías, Ecuador’s corporate regulator.
Tax status (SRI)
updated September 2, 2026- Phantom taxpayer: No
- Nonexistent transactions: No
- Tax regime
- General regime The set of rules under which it files its taxes
- Required to keep accounting books
- Yes
- Withholding agent
- Yes When paying third parties, it withholds taxes and remits them to the SRI
- Special taxpayer
- No Designated by the SRI for its size, with additional filing obligations
- Start of activities
- September 24, 2015
Establishments · 2 registered, 1 open
- HEAD OFFICE Pichincha / Quito / Iñaquito / Av. 6 de Diciembre N34-360 y Av. Portugal Open
- Orellana / Orellana / Nuevo Paraíso (Cab. en Unión Chimborazo) / Via Lago Agrio y SN Closed
Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.
Where it operates
It has 1 open establishment in Pichincha, plus 1 closed.
Azuay: no dataBolívar: no dataCarchi: no dataCañar: no dataChimborazo: no dataCotopaxi: no dataEl Oro: no dataEsmeraldas: no dataGalápagos: no dataGuayas: no dataImbabura: no dataLoja: no dataLos Ríos: no dataManabí: no dataMorona Santiago: no dataNapo: no dataOrellana: 0 companiesPastaza: no dataPichincha: 1 companiesSanta Elena: no dataSanto Domingo de los Tsáchilas: no dataSucumbíos: no dataTungurahua: no dataZamora Chinchipe: no data Point at or tap a province to see its figure
Provinces with a presence
- Pichincha head office 1 location
Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated September 2, 2026. The location is the province and canton on record, not each site’s exact address.
Activity classification (ISIC)
- Mining and quarrying
- Mining support service activities
- Support activities for petroleum and natural gas extraction
- Support activities for petroleum and natural gas extraction
- Oil and gas extraction service activities provided on a fee or contract basis: test drilling; exploration (for example, traditional prospecting methods such as geological observations at prospective sites); directional drilling and redrilling; spudding in; erection, repair and dismantling of derricks; cementing of oil and gas well casings; pumping, plugging and abandoning of wells, etc.; liquefaction and regasification of natural gas for transport, carried out at the extraction site; draining and pumping
Frequently asked questions
What is the RUC of Tiwec S.A.?
The RUC (taxpayer registration number) of TIWEC S.A. is 1792617634001, according to Ecuador’s public corporate registry.
Is Tiwec S.A. active?
Yes. Its legal status in the registry is Activa.
What trade name does Tiwec S.A. use?
It operates under the trade name TIW ECUADOR, according to the SRI’s RUC registry.
What does Tiwec S.A. do?
Its registered economic activity (ISIC B0910.01) is: Oil and gas extraction service activities provided on a fee or contract basis: test drilling; exploration (for example, traditional prospecting methods such as geological observations at prospective sites); directional drilling and redrilling; spudding in; erection, repair and dismantling of derricks; cementing of oil and gas well casings; pumping, plugging and abandoning of wells, etc.; liquefaction and regasification of natural gas for transport, carried out at the extraction site; draining and pumping
Where is Tiwec S.A. located?
Its registered address is in Quito, province of Pichincha, Ecuador.
When was Tiwec S.A. incorporated?
It was incorporated on September 24, 2015, as a stock corporation (s.a.).
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Corporate information from official public records of Ecuador · where this data comes from